The yuan has risen above 6.9765 per dollar in this trading session. Such movements in the CNY/USD pair always attract attention from crypto traders because they directly impact stablecoin pricing and the flow of money between mainland markets and international exchanges. When the yuan appreciates or depreciates, we see corresponding movements in volume and sentiment, especially in pairs with USDT and USDC. It’s worth monitoring this level to understand the bigger picture of capital flows in the digital asset space.
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BearWhisperGod
· 8h ago
Ha, it's that yuan again. This thing really can shake the price of stablecoins... Looks like I need to keep a close eye on USDT.
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PriceOracleFairy
· 8h ago
yuan at 6.9765... okay so mainlanders are finally pricing things rationally or just another tuesday in the capital flow casino? either way, stablecoin depegging risk just got spicier, watch those usdt/usdc spreads like a hawk fr
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gas_guzzler
· 8h ago
Yuan hits a new high again? Keep a close eye on the 6.97 level, the stablecoin market might be about to move.
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StealthDeployer
· 8h ago
Once the CNY movement occurs, large funds immediately follow suit, and the liquidity on the USDT side changes instantly... That's why we need to keep a close eye on the exchange rate.
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UncleWhale
· 8h ago
Yuan is playing tricks again... I have to keep an eye on this number every time, so annoying. But the USDT price is indeed fluctuating, this time I need to watch closely.
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Whale_Whisperer
· 8h ago
yuan6.9765? This number actually has a bit of an impact on on-chain liquidity...
The yuan has risen above 6.9765 per dollar in this trading session. Such movements in the CNY/USD pair always attract attention from crypto traders because they directly impact stablecoin pricing and the flow of money between mainland markets and international exchanges. When the yuan appreciates or depreciates, we see corresponding movements in volume and sentiment, especially in pairs with USDT and USDC. It’s worth monitoring this level to understand the bigger picture of capital flows in the digital asset space.